Connect With Us
Email Us: For all enquiries, send us an email on [email protected]
Type: PDF
Status: Syndicate
Categories: Information & Communication Technology
Report Code : ICT23
No. of Pages : 150
International digital Money Transfers were estimated $332 billion in 2023. Digital money transfers — sending money to another person via digital platforms is a modern convenience that makes transferring funds easier, quicker and enables remote sends.
Considerable growth on the back of increasing growing urban and working population support with rising income, growing urbanization and Escalating application of POS systems in a number of industries such as Retail, Restaurants, Healthcare, Transportation, Ecommerce, among various others and on the other hand the ever-rising working population is driving factor for the consumer towards the digital payment. Cash still being preferred for general mode of transaction and growing threats of cybercrime few restrain factor for digital Money Transfers
The Global Digital Money Transfer market is segmented on the basis of Component, and Application. The global Digital Money Transfer market is segmented based on Component as Domestic Money Transfer and International Money Transfer. Based on Application the global Digital Money Transfer market is segmented as Consumer and Enterprise.
The regional outlook on the global Digital Money Transfer market covers regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Digital Money Transfer market for each region is further bifurcated for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Landscape
Partnership between banks & key players and E-wallet emergence increasing the specifications of the digital money transfer apps for increasing the demand and delivering the better consumer satisfaction more effectively. The global Digital Money Transfer market is highly competitive in nature with major players including Western Union (WU), Ria Financial Services, PayPal, TransferWise, WorldRemit, MoneyGram, Remitly, Azimo, TransferGo, InstaReM, TNG Wallet, Coins.ph, Toast, OrbitRemit, Digital Wallet Corporation, Avenues India Pvt Ltd, FlyRemit, WeChat Payment, Ant Financial/Alipay, and others. The report covers competitive analysis on the key market share holders. The companies are focused on several expansion and growth strategies to enhance their footprint in the Digital Money Transfer market. Market players are also involved in value chain integration gain competitive advantage.
Report Scope:
The Digital Money Transfer market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2023 to 2030. The market segmentations include,
Digital Money Transfer Market, By Component
Digital Money Transfer Market, By Application
Digital Money Transfer Market, By Region
The report scope also includes competitive landscape covering the competitive analysis, strategy analysis and company profiles of the major market players. The companies profiled in the report include Western Union (WU), Ria Financial Services, PayPal, TransferWise, WorldRemit, MoneyGram, Remitly, Azimo, TransferGo, InstaReM, TNG Wallet, Coins.ph, Toast, OrbitRemit, Digital Wallet Corporation, Avenues India Pvt Ltd, FlyRemit, WeChat Payment, Ant Financial/Alipay, and others. Company profiles cover company overview, product landscape, financial overview, and strategy analysis.
Report Highlights
Report Customizations
The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Domestic Money Transfer
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 International Money Transfer
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6.1 Introduction
6.2 Consumer
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Enterprise
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7.1 Introduction
7.2 North America
7.2.1 North America Digital Money Transfer, By Component
7.2.2 North America Digital Money Transfer, By Application
7.3 Europe
7.3.1 Europe Digital Money Transfer, By Component
7.3.2 Europe Digital Money Transfer, By Application
7.4 Asia-Pacific
7.4.1 Asia-Pacific Digital Money Transfer, By Component
7.4.2 Asia-Pacific Digital Money Transfer, By Application
7.5 Rest of the World
7.5.1 Rest of the World Digital Money Transfer, By Component
7.5.2 Rest of the World Digital Money Transfer, By Application
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9.1 Western Union (WU)
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Ria Financial Services
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 PayPal
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 TransferWise
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 WorldRemit
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 MoneyGram
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Remitly
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Azimo
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 TransferGo
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 InstaReM
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
9.11 TNG Wallet
9.11.1 Company Overview
9.11.2 Product/Service Landscape
9.11.3 Financial Overview
9.11.4 Recent Developments
9.12 Coins.ph
9.12.1 Company Overview
9.12.2 Product/Service Landscape
9.12.3 Financial Overview
9.12.4 Recent Developments
9.13 Toast
9.13.1 Company Overview
9.13.2 Product/Service Landscape
9.13.3 Financial Overview
9.13.4 Recent Developments
9.14 OrbitRemit
9.14.1 Company Overview
9.14.2 Product/Service Landscape
9.14.3 Financial Overview
9.14.4 Recent Developments
9.15 Digital Wallet Corporation
9.15.1 Company Overview
9.15.2 Product/Service Landscape
9.15.3 Financial Overview
9.15.4 Recent Developments
9.16 Avenues India Pvt Ltd
9.16.1 Company Overview
9.16.2 Product/Service Landscape
9.16.3 Financial Overview
9.16.4 Recent Developments
9.17 FlyRemit
9.17.1 Company Overview
9.17.2 Product/Service Landscape
9.17.3 Financial Overview
9.17.4 Recent Developments
9.18 WeChat Payment
9.18.1 Company Overview
9.18.2 Product/Service Landscape
9.18.3 Financial Overview
9.18.4 Recent Developments
9.19 Ant Financial/Alipay
9.19.1 Company Overview
9.19.2 Product/Service Landscape
9.19.3 Financial Overview
9.19.4 Recent Developments
A detailed comprehensive approach has been used while estimating the market. The market research estimation is preceded by market sizing and forecasting. The research starts with the collection of data i.e. secondary research (free databases, paid databases, company websites, trade data, production data, and journals, )and primary (expert interviews). A lot of primary interviews have been conducted with key vendors and leading players in the market. Spanning the entire value chain of an industry, the information has been collected right from the raw material supplier to the end users.
The markets have been analyzed demand side and supply side in order to generate the market data and forecast. The reports are delivered by expert analysts and market researchers that help clients in understanding the complete intricacies and nuances of demand side and supply markets. Various secondary sources, databases, directories such as Factiva, Hoovers, Bloomberg Businessweek, and OneSource are being used to analyze the market. Through secondary research, crucial information such major types, application, end-users, key companies, production, consumption, export, import, major developments, merger, acquisitions, cost, pricing information, new product development, value chain, supply chain, revenues, market share analysis, growth rates, key regions, drivers, restraints, opportunities, future prospects.
Expert interviews are being conducted with the primary respondents i.e. key market players, C-level, D-level executives of the key companies, subject matter experts (SMEs) to acquire and validate crucial quantitative and qualitative information, and future market prospects.
Research Approach
The top down and bottom up approaches, market modeling according to the topic, are some of the approaches undertaken. Once the data is collected, the findings are verified by in-house leading domain experts.
Supply side market is estimated by considering various factors such as capacity, cost margin, profit margin, disruptive technologies, policies, competition and government regulation. Demand side market is analyzed by considering various customer expectation, end use trends, price, regional demands and trends, macro-economic factors and micro economic factors.
Key Data from Secondary Sources
Key Data From Primary Sources
Single User
US$ 3500*** Benefits ***
1. 15% Free customization
2. Two Countries can add as per your choice
3. Two Company can add as per your choice
4. 35+ Countries
*** Services ***
1. Quarterly Industry Update for Six Months
2. One personal Research Analyst Allocate to you
3. 24*7 Research Support
4. Query will be resolve with 48 hours
Multi User
US$ 5000*** Benefits ***
1. 25% Free customization
2. Excel Data Sheet
3. Two Countries can add as per your choice
4. Two Company can add as per your choice
35+ Countries
*** Services ***
1. Client will get one updated report for a year.
2. Quarterly Industry Update for 1 Year.
3. One research analyst will allocate to you.
4. Query will be resolved within 36 hours.
24*7 Research Support.
Corporate User
US$ 7000*** Benefits ***
1. 25% Free customization
2. Excel Data Sheet
3. Two Countries can add as per your choice
4. Two Company can add as per your choice
5. 35+ Countries
*** Services ***
1. Client will get one updated report for a year.
2. Quarterly Industry Update for 1 Year.
3. One research analyst will allocate to you.
4. Query will be resolved within 36 hours.
5. 24*7 Research Support.
South Africa Food Safety Testing Market - By Target (Pathogens, E. coli, Salmonella, Campylobacter, Listeria, Pesticides, GMOs, Mycotoxin, Allergens, Heavy metals, Others*, Others targets tested) , By Technology (Traditional, Rapid, Convenience-Based, Polymerase Chain Reaction (PCR), Immunoassay, Chromatography & Spectrometry) , By Food Tested (Meat, Poultry, and Seafood, Dairy Products, Processed Food, Fruits & Vegetables, Cereals & Grains (Nuts), Beverages, Other Food Products Tested***) , By Key Instruments (Gamma, Alpha, IC. ICP/MS, HPLC, GC-MS, FT-IR) : Trends & Forecasts Upto 2030
Price : $3500
Read more...Global GaN MMIC Market By Type, Application, Region - By Type, GaN HEMT (High Electron Mobility Transistor) based MMIC (Monolithic Microwave Integrated Circuit), By Application (Telecom, Military & Defense, SATCOM, Aerospace, Commercial applications) : Trends & Forecasts Upto 2028
Price : $3500
Read more...Global Postbiotics Market Research Report , By Type (Bacteria, Yeast) , By Application (Nutritional Supplements, Food & Beverages, Other Applications) , By Form (Dry Postbiotics, Liquid Postbiotics) , By Sales Channel (Offline Sales, Online Sales) : Trends & Forecasts Upto 2028
Price : $3500
Read more...Sensors for Robotics Market Research Report - By Type (Industrial Robots, Collaborative Robots, Defense & Military, Agriculture, Delivery & Logistics, Medical, Domestic, Entertainment, Others) , By Sensor (Force/Torque sensors, Vison Sensors, Photoelectric sensors, LiDAR/Radar, Ultrasonic sensor, Capacitive/Tactile skin sensor, Altimeter Sensor, Pressure sensors, Cliff sensors, IMU, Others) : Trends & Forecasts Upto 2030
Price : $3500
Read more...